Real estate sales

I have been working on several Short Sale listings over the past few months (a Short Sale is where Seller owes more than the market value of the property, with the bank accepting less than payment in full at close of escrow). Successful negotiation of a short sale requires complete documentation from the seller, including a documented hardship. If the short sale 'package' being submitted to the lender(s) is incomplete, the lenders may never respond to the short sale. It also requires ongoing communications with the banks. I continue to be encouraged at how much many lenders are willing to reduce the loan balances in a short sale in order to avoid a foreclosure. If you know someone who is having financial challenges and may be thinking about just letting the bank foreclose on the property, I would highly recommend that you have them contact me. Better yet, please forward me their contact information. A far better solution may be available to them.

If you are needing a referral for a qualified service provider, chances are that I have someone in my database that can help. From a financial planner to a house painter, from an interior decorator to a chiropractor, I have an excellent list of resources. Email me at Dale@DaleWarfel.com and let me know what you need. Are you looking for a private, secure place to search for real estate? Would you like to know what's happening in your neighborhood? My MLS Advisor Service provides up to date information on listing activity in your area or in any Bay Area region you choose. Search for active listings, properties in escrow, price reductions, and much more.

Stunning Saratoga Home with Swimming Pool on 10,000+ Sq. Ft. Lot
12874 Lantana Avenue, Saratoga
4 Bedrooms/3 Bathrooms/Approx. 2078 Sq. Ft.

If you have been dreaming of a gorgeous Saratoga home, this one could be for you. Sitting on a huge 10,000+ sq. ft lot, this lovely 4 bedroom, 3 Bath home has the character and charm you would expect in Saratoga. Situated on a quiet street, this beautiful home features an updated kitchen and master bath, gleaming hardwood floors, and spacious living and family rooms. In the mornings, open the French doors from your kitchen onto the large, rustic brick patio, where you can enjoy a hot cup of coffee and the fresh morning air while reading the morning paper or a good book. After work, take a load off by taking a dip in the large swimming pool. If you work from home (or have extra guests), you can utilize the extra living space in the back of the oversized detached garage featuring an additional two rooms and another full bath (these two rooms and bath are not included in the square footage of the home). See the pictures below for a glimpse of this beautiful home. More information and photos are coming soon.

South San Jose Townhome
2643 Senter Creek Court, San Jose
2 Bedrooms/2 Bathrooms/Approx. 1146 Sq. Ft.

Are you or someone you know looking for an affordable first home with a lot of features? If so, this cute, updated 2 bed/2 bath townhome could be the perfect solution! The major kitchen appliances and water heater are all less than 2 years old. This home features a living room/ dining room combo with a nice wood burning fireplace. Enjoy the cool evening air outside on your private patio off the dining area. The two large bedrooms feature vaulted ceilings. An attached garage and inside laundry are features typically offered with homes costing much more. The tree-lined community features a gated swimming pool and offers low HOA dues ($220/month)
The asking price for this home is only $365,000.

Tri-Plex Near Downtown San Jose, 125 Duane Street, San Jose
- 1 ea - 3 Bed/1 Bath unit - 2 ea - 2 Bed/1 Bath units Approx. 2,368 Sq. Ft.

Thinking of owning some investment property in a great location? Located just minutes from downtown San Jose, this affordable 3-unit property is fully rented and ready for a new owner. This property features a separate 3 bed/1 bath 'owners' unit and a separate duplex building in the back with two 2 bed/1 bath units. These units have been updated with dual pane windows and newer central heating and air conditioning systems. Each unit has laundry hookups. This property needs some TLC, but with some sweat equity and some help from the trades, this property could be in tip top condition. Excellent cash flow - Over $3,800/month rent!! Great location near downtown San Jose, SJSU, Hwy 280, 101, 87, light rail, and more!
The price of this property has been reduced to $558,150.

Willow Glen Single Family Home, 2622 Meridian Ave., San Jose
3 Bedrooms/2 Bathrooms/Approx. 1,296 Sq. Ft.

This wonderful home features remodeled baths with new fixtures, tile floors and custom tile surrounds in the tub and shower enclosures. Gleaming hardwood floors adorn the living room and hallway. Dual pane windows and a newer central heating system. The kitchen could use some updating, but offers plenty of counter space and storage, especially with the pantry. This home is priced to sell. Did I mention copper plumbing?? The price of this home has been reduced to $439,000. So if you are looking for homes for sale in the communities surrounding the Silicon Valley call him at 408 624 6202 to make an appointment.

Realtor Dale Warfel hosts Millionaire Real Estate Investor workshop

San Jose realtor Dale Warfel will be hosting the Millionaire Real Estate Investor workshop in April. The workshop and seminar will review property selection criteria, minimizing risk, creating your team, property "flipping", wealth building strategies with real estate, and much more.

Date: Saturday, April 21, 2007

Time: 11:00 am - 1:00 pm

Fee: $25. This includes a free copy of the book Millionaire Real Estate Investor by Gary Keller, co-founder of Keller Williams Realty.

As a Silicon Valley native who has lived, worked, shown, listed, and sold homes in practically every corner of Santa Clara County, you can rest assured that Dale’s combination of area knowledge, technical background, and negotiation skills will benefit you, whether you are buying or selling your home. Dale specializes in homes in the communities of Almaden valley and Willow Glen.

His entire team will provide you the highest level of care you could hope for in your home purchase. They keep you informed every step of the way providing clear and understandable answers to your questions and by providing a detailed Market Analysis on each property, which interests you, prior to suggesting an offering price. They keep you well informed through out the listing and escrow period making the process stress-free.

Living in Willow Glen

Willow Glen is a neighborhood in San Jose, California. It is located southwest of Downtown San Jose, south of the Midtown and Rose Garden neighborhoods, east of the West Valley neighborhoods, and north of the Cambrian Park neighborhood and the city of Campbell, California. Once an incorporated city in its own right, Willow Glen is today the only part of San Jose that feels like a small town with its own main street--Lincoln Avenue--surrounded by tree-lined neighborhoods of architecturally distinctive single family homes, many of them Spanish-style homes built in the 1920s and 1930s.

Willow Glen is a district roughly 3 miles southwest of downtown San Jose. The traditional boundaries of Willow Glen are the Guadalupe River, Los Gatos Creek, and Coe and Curtner Avenues, though many adjacent areas are usually included today. "Downtown Willow Glen" is on Lincoln Avenue, generally between Coe and Minnesota Avenues.

Gentrification transformed Willow Glen in the 1990s, though it remains a diverse community with Latino, Italian, Asian, Jewish and gay influences contributing to the rich tapestry of a quiet, enjoyable and very livable Silicon Valley community.

Willow Glen Real Estate offers some of the most charming neighborhoods, with older homes, many of which are on larger lots, and a small town feeling, particularly near Lincoln Avenue. If you’re looking to buy or sell properties in this community, feel free to get in touch with Dale Warfel. Visit his websites: http://dalewarfel.com and http://www.willowglenhomesforsale.com for more information.

The best time to sell your house

Spring is the hottest season for real estate. The real estate market peaks in April and May and stays strong in June and July. It's a good season for families to move, between school terms and while the weather is warm. People have just received their tax refunds, which they can use to help finance a down payment. And the nice weather and beautiful flowers in spring and early summer make it a great time to show your home.

In fact, a full 60 percent of America's real estate activity takes place in the summer. But closing a home sale can take weeks, so it's a good idea to list your home early in the season.

August brings a lag in sales, as people go away on vacation and start to think about the new school year. Then real estate sales surge briefly in the fall before dropping in winter as buyers and sellers focus on the holidays. But by January, buyers are out again, and home sales steadily increase into spring.

However, if you miss the season, there is no need to panic. Homes can be sold in winter too. Typically homes are decorated during the holiday season and the competition is weak. Buyers may even want to take advantage of the tax deductions and may not get involved in long negotiating process. This would ensure a quick sale with little bargaining.

Due consideration should be given to local factors which may influence a particular market. Local economy is an important factor in deciding which season is the best one for a seller. A layoff in the local plant or factory may mean that spring is not necessarily the best time. Similarly, a start of a new industry may tilt the equations at the other end of the spectrum.

Factors such as mortgage rates and inflation in the economy will also decide a “good season” for real estate activity. These are beyond the seasonal variations and careful observation of local and national issues is necessary to track this.